Category: Leading Developments

BHP has entered into an agreement to sell the Cerro Colorado copper mine in Chile to private equity manager EMR Capital for a total cash consideration of $230 million, plus approximately $40 million in proceeds from the...

Paladin Energy is placing the Langer Heinrich uranium mine in Namibia on care and maintenance. An initial rundown phase of up to three months began in late April, during which various stages of the plant are being progressively...

Falco Resources Ltd. announced a financing transaction with Osisko Gold Royalties Ltd. where Osisko has agreed to commit $180 million through a silver stream toward the funding of the development of Falco’s Horne 5 Project....

BHP Billiton has announced plans to develop the South Flank iron ore project in the central Pilbara region of Western Australia and has awarded a contract worth about $260 million to CPB Contractors for construction of bulk...

MMG Ltd.’s Dugald River zinc operation in Queensland, Australia, achieved commercial production on May 1, according to the company. Executive General Manager Operations, Africa, Australia and Asia Mark Davis said the ramp up of...

Vedanta Zinc International, a subsidiary of London-listed Vedanta Resources, has initiated a feasibility study into the development of a zinc smelter-refinery complex to process concentrates from its Gamsberg project at Black...

On April 9, the U.S. Mine Safety and Health Administration (MSHA) published a final rule that amends a rule issued in January 2017. This rule provides mine operators additional flexibility in managing their safety and health...

Goldcorp and the Tr’ondëk Hwëch’in (TH), a self-governing Yukon First Nation based in Dawson City, entered into a collaborative agreement related to the Coffee gold project. The agreement represents a significant milestone...

The Responsible Mining Index 2018 showed that mining companies are collectively demonstrating responsible mining across many issues and strong cases of leading practice are evident, providing valuable models for other companies....

The Trump Administration amended its proposed Russia sanctions, granting a possible reprieve for UC Rusal, which found itself being ostracized by the market in April. Rusal’s owner, the En+ Group, was facing a possible delisting...

The Fraser Institute’s annual survey of mining companies, published on February 22, ranked Finland as the top jurisdiction in the world for mining investment in 2017 based on the survey’s Investment Attractiveness Index. Finland...

Newcrest Mining recommenced processing at its Cadia operations at the beginning of April with the associated tailings being deposited into the southern tailings facility. Processing is currently at a run rate of approximately 8...